Low central bank sales of the closure of the auction today
{Baghdad: Euphrates News} central bank sales, declined on Thursday in the auction for the sale of foreign currency to $ 110 million, after it was yesterday 117 million.
According to a statement of the bank, received by the agency {Euphrates News} a copy of it, " The size of the amount sold today reached 110 million, 371 thousand, and $ 703, priced at 1182 dinars exchange rate against the dollar, and with the participation of 32 banks and 15 companies for the fiscal transfer."
He added that the "sale amounts transferred to the accounts of banks abroad will be priced at 1190 dinars per dollar, and the cash sales price shall be the price of 1182 dinars per dollar."
He pointed out that " the amount of remittances and credits amounted to 69 million, 34 thousand, and $ 414, while the quantity sold cash 12 million and 180 thousand dollars. "
the general manager of banking and credit control in the bank Ihsan Shomran Yasiri, said on the fourth of September of this, in a press statement that" the monetary reserves of the Central Bank of Iraq from foreign currency of up to $ 50 billion , which is quite normal No. with the country in the past three years a large deficit in the state , "noting that" these foreign reserves are , according to the international Monetary Fund on the safe side. "
He said that" more than 90% of central bank sales are through the documentary dependencies universally used and either direct sales through a window of foreign currency sell a few to sustain the economy and inject dollar trade ".anthy http://alforatnews.com/modules/news/...storyid=128457